Power

Gencos threaten to shut down power plants over various challenges

Jan 16, 2019

Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on Monday that the recent decline in available generation capability could be traced to the various…

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NERC evades Gencos’ complaints of poor settlement, impartiality

Jan 15, 2019

The Nigerian Electricity Regulatory Commission (NERC) has said it will not be involved in the constant demand by power generation companies (Gencos) in Nigeria’s electricity market to ensure the market recognises and include capacity charges in their monthly bills for payment to the market. It said, the Gencos have power purchase agreements (PPAs) with the…

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TCN announces planned power outage in Lagos, Ogun

Jan 14, 2019

The Transmission Company of Nigeria has announced a planned power outage in some parts of Lagos and Ogun States on January 13 and 15 between 8am and 5pm. Ndidi Mbah, the General Manager, Public Affairs Unit, TCN, in a statement said the outage was due to an annual preventive maintenance scheduled to take place at…

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NERC records 41% rise in power investors’ operational permits payments

Jan 14, 2019

The Nigerian Electricity Regulatory Commission (NERC) has said it received more money in 2017 than it did in 2016 from power sector investors who sought for regulatory permits or renew the licences they held in Nigeria’s power market. According to NERC, it received in 2017, N538.219 million from investors as payments for new permits and…

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TCN receives approval to evacuate power from Mambila hydro power plant

Jan 14, 2019

The Transmission Company of Nigeria (TCN) on Monday revealed it has received an approval to evacuate power from the Mambila Hydro Power Plant. Describing the Mambila Power Project as part of the West African Power Pool (WAPP) projects, TCN CEO, Mr. Mohammed Gur Usman stated: “We have got approval to evacuate Mambila through Eastern Back…

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Electricity consumers’ debt hits N62.2bn in 3 months – NERC

Jan 14, 2019

The indebtedness of power consumers to electricity distribution companies hit N62.2bn within a space of three months, the Nigerian Electricity Regulatory Commission has said. The debt was recorded in the second quarter of last year. According to NERC in its latest report on the commercial performance of the power sector, electricity users paid N111.5bn out…

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FG records 8,686.6mw increase in power generation in December

Jan 10, 2019

The Federal Government recorded an increase of 8,686.6 megawatts (MW) in power generation in December 2018, as the Transmission Company of Nigeria (TCN) transmitted 125,346.4mw as against 116,659.8mw in November 2018. The daily statistics of TCN operations obtained from the Nigerian Electricity System Operator (SO), a section of the TCN, indicated that 125,346.4mw was generated…

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Kaduna Electric, Siemens partner on power sector roadmap

Jan 10, 2019

Pursuant to the drive to actualise the National Electrification Road Map submitted to the Federal Government by Siemens, the Management of Kaduna Electric and Siemens have commenced bilateral talks aimed at forging a strategic partnership and generating credible data that will be used to develop practical creative solutions within the franchise of the power company.…

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Kano state govt set to establish electricity firm

Jan 10, 2019

The Kano State Government is set to establish the Kano State Bulk Electricity Trading Company, under the Qua Iboe Power Plant project. The move was conceptualised following an agreement by the Federal Government, through the Transmission Company of Nigeria, to deliver the required amount of power to the state, after the completion of the power…

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CCETC-Ossiomo 55MW transmission equipment on way from China – Obaseki

Jan 10, 2019

Barely a week after Edo State Governor, Mr Godwin Obaseki visited the site that will host the 55 Megawatts CCETC-Ossiomo Power plant in Ologbo, near Benin City, the governor on Wednesday said that transmission equipment; transformers, cables, supply lines amongst others, have sailed out of China, and are heading to Edo State. According to Obaseki,…

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